Is Meta ‘giving up’ on cutting-edge AI? Wall Street is divided over potential cloud pivot.
Meta shares popped on reports of a new cloudcomputing venture, but some analysts wonder if that would signal disappointing uptake of internal AI offerings.…
Tradeweb executes real-time tokenized US Treasury transaction on Canton Network
Franklin Templeton transferred a tokenized US Treasury to Virtu Financial in what Tradeweb said was the first realtime transaction settled against USDCx.…
Bitcoin bounces off 21-month low, but leverage data signals caution: Was $57K the bottom?
Bitcoin found its footing after bulls took steps to reclaim the $60,000 level, but data casts doubt on whether it will flip back to support.…
Bitcoin bear market ‘dead’ after first TD9 reversal signal since July 2022 fires
Bitcoin bearmarket bottom signs appear as the TD9 indicator mirrors the final stages of the 2022 BTC price downtrend. Source：Cointelegraph
Protein-packed Cheerios and cat food: How General Mills plans to combat a tough spending backdrop
“Cat growth is on fire,” one executive said. Source：MarketWatch
Robinhood rolls out public blockchain as it expands deeper into crypto
Robinhood's product push continues to blur the line between crypto and more traditional finance. Source：CoinDesk
Sandisk’s and Micron’s stocks sink as the rotation trade builds, but supply shortages should limit losses
Most of Sandisk’s annual revenue could eventually come from its new business model contracts that provide better visibility, BofA said. Source：MarketWatch
Ethereum Foundation lays out use cases for governments, institutions in new policy guide
The Ethereum Foundation said policymakers should distinguish between decentralized public blockchains and networks that remain controlled by corporations or…
Stock-market bulls need Kevin Warsh on their side to keep winning, says Wall Street veteran Bob Doll
The “highrisk” bull market in stocks needs Federal Reserve Chair Kevin Warsh on its side, according to Bob Doll, CEO at Crossmark Global Investments.…
5 charts showing how ‘dumb money’ is transforming the stock market, as retail traders smash Wall Street records
Retail trading activity set records in May and June — and the propensity of that cohort to buy the dip has looked pretty smart. Source：MarketWatch
Ethereum backers launch nonprofit to lead institutional adoption efforts
Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition…
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
The investment bank said new competition from the Stripe and Coinbasebacked stablecoin consortium could pressure USDC's growth. Source：CoinDesk